will have to follow suit. The good jobs are not coming back, the workforce pool is global.
America, or I should say the systemic controlling bankers, multinational corporations, and their bought-and-paid-for puppets in the Democratic and Republican parties destroyed your economic base by practising free trade designed for 'absolute advantage'.
The northern EU and lots of Asia have free trade, but through a 'comparative advantage lens'. In this, we nationally and culturally protect our manufacturing and technological infrastructure.
Since 1965, the USA has off-shored over 85 percent of its industrial production, this is known as absolute advantage, simply the chase for lower and lower production costs on a global basis, irregardless of quality or the effect on the national economy in terms of domestic impact.
Over 80 percent of the industrial innovation occurs in the scaling-up process, from design, to factory floor.
This entire culture has been ripped asunder from the US workforce, and would take at least one or 2 full generations to bring back, if they even tried to reverse the outflow. The drive for expansion of growth and capital that is endemic to the global monetary system of capitalism , however, will never allow this to happen.
You literally would have to recreate the entire USA educational infrastructure of high-tech trade schools, as well change the spending and saving habits of 310,000,000 citizens, as 70 plus percent of the USA economy is based on internal consumption, with the vast bulk of all goods consumed coming from imports.
There is no incentive to do this, until the USA has wage rates, tax rates, and business compliant regulations (read this to mean rape the environment and populace's health) equal to the 3rd world.
Some of the true modern roots of the problem occurred under Theodore Roosevelt and the so-called Progressive movements, which were actually the robber barons using Government to enforce their dominance. Read Gabriel Kolko "The Triumph of Conservatism: A Reinterpretation of American History, 1900-1916" for a New Left reinterpretation.
http://readersupportednews.org/pm-section/78-politics/1114-the-progressive-eraThe other huge problem was the formation of the US Federal Reserve under Woodrow Wilson, who later called it the largest mistake of his life, as it allowed the Anglo-American banking alliance to take over the fiscal control of the USA, and has led to 100 years of global empiric wars.
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